The Western Kerosene Oil Company's Incorporation Act 1867 31 Vic (NSW)

1868. 31° VIC. 33

Western Kerosene Cil Company's Incorporation.

An Act to incorporate the " Western Kerosene We,

KEROSENE

Oil Company Limited" and to enable the ,,ceers said Company better to carry on and transact — the business of the same. [Ist February,

1868. |

TEREAS a Joint Stock Company called the "Western Kerosene Prewble.

Oil Company Limited" has been lately established at Sydney

in the Colony of New South Wales under and subject to the rules

regulations and provisions contained in a certain Deed of Settle- ment bearing date the twelfth day of February one thousand cight hundred and sixty-six purporting to be the Deed of Settlement of the said Company And whereas by the said Deed of Settlement the several parties thereto have respectively and mutually covenanted and agreed that they whilst holding shares in the eapital of the said Company should become remain and continue until dissolved under the provisions in that behalf thercin coniained a Joint Stock Company for the express object. of carrying on the business thereof under the name style and title of the '" Western Kerosene Oi Company Limited" for the purpose of working or contracting for the working of the coal or other mincral or mines in or upon certain lands in the said Deed of Settlement mentioned or upon any lanc of which the said Company might from time to time be owners or lessees and to purchase or lease coal shale or other mineral lands to follow up and act upon any trade or purpose mentioned in any regulations for the management or conduct. of coal shale ov other mines in the said Colony of New South Wales already promulgated or hereafter to be promulgated to purchase coal shale or minera and make allowances on deposit or consignment thereof to purchase or employ machinery for working the said mines and for crushing or working or refining any coal shale mineral rocks loam earth or soi and to extract distil and refine any oils or other products therefrom or for testing the mining capabilities of any land purchased or leased or intended to be purchased or leased by the said Company to dispose of the timber on any such lands to lease or sell any such lands anc to construct railways roads wharves buildings and other matters necessary for the promotion of the objects of the said Company «anc such coal shale minerals oi! and products to produce extract anc distil in such manner and in such quantities as the Board of Directors for the time being in their discretion might think fit and also to sel export or otherwise dispose of all such coal shale and minerals or the products thereof either in a natural state or manulactured condition in such markets and generally in such manner and form as the Boarc of Directors might think most beneficial to the interests of the saic Company And whereas it was by the said Deed of Settlement agreed that the capital of the said Company should until ineveased under the provisions in the said Deed of Settlement contained consist of fifty thousand pounds sterling to be contributed in fifty thousand shares 0 one pound each as in the said Deed of Settlement is more fully specified And whereas by the said Deed of Settlement provision has been made for the due management of the affairs of said Company by certain Directors and Auditors already appointed and by other Directors and Auditors to be from time to time elected and appointed as their successors by the Sharcholders of the said Company And whereas the whole of the said capital of fifty thousand pounds sterling has been e subscribed